Journal Entry
Journal Entry is used to make a record of debit and credit transaction in a customized manner.
Guide to usage of Jornal Entry:
- Type
Journal Entry
in the searchbox. - Click on New on the top right side to create a new Journal Entry.
- Now fill all the required details.
- In the Accounting Entries section, choose the required account and enter the amount which is debited or credited in the respective column.
- Make sure that the total amount credited is equal to the total amount debited.
We can even check the transactions done through Journal Entry in the Chart of Accounts.